Tourmaline Oil Corp. (TOU) - Total Assets
Based on the latest financial reports, Tourmaline Oil Corp. (TOU) holds total assets worth CA$23.74 Billion CAD (≈ $17.18 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tourmaline Oil Corp. - Total Assets Trend (2009–2024)
This chart illustrates how Tourmaline Oil Corp.'s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tourmaline Oil Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Tourmaline Oil Corp.'s total assets of CA$23.74 Billion consist of 6.0% current assets and 94.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.0% |
| Accounts Receivable | CA$831.99 Million | 3.7% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Tourmaline Oil Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tourmaline Oil Corp.'s current assets represent 6.0% of total assets in 2024, a decrease from 24.8% in 2009.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 19.9% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 3.7% of total assets.
Tourmaline Oil Corp. Competitors by Total Assets
Key competitors of Tourmaline Oil Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
North European Oil Royalty Trust
NYSE:NRT
|
USA | $4.79 Million |
|
EOG Resources Inc
NYSE:EOG
|
USA | $52.20 Billion |
|
Woodside Energy Group Ltd
AU:WDS
|
Australia | AU$66.55 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
California Resources Corp
NYSE:CRC
|
USA | $7.40 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.15 Billion |
|
Peyto Exploration&Development Corp
TO:PEY
|
Canada | CA$5.43 Billion |
|
Parex Resources Inc
TO:PXT
|
Canada | CA$2.25 Billion |
Tourmaline Oil Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.48 | 1.01 | 1.22 |
| Quick Ratio | 0.48 | 1.01 | 1.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.20 Billion | CA$13.37 Million | CA$111.74 Million |
Tourmaline Oil Corp. - Advanced Valuation Insights
This section examines the relationship between Tourmaline Oil Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.48 |
| Latest Market Cap to Assets Ratio | 0.74 |
| Asset Growth Rate (YoY) | 10.8% |
| Total Assets | CA$22.70 Billion |
| Market Capitalization | $16.75 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tourmaline Oil Corp.'s assets below their book value (0.74x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tourmaline Oil Corp.'s assets grew by 10.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tourmaline Oil Corp. (2009–2024)
The table below shows the annual total assets of Tourmaline Oil Corp. from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$22.70 Billion ≈ $16.42 Billion |
+10.80% |
| 2023-12-31 | CA$20.48 Billion ≈ $14.82 Billion |
+7.58% |
| 2022-12-31 | CA$19.04 Billion ≈ $13.77 Billion |
+17.83% |
| 2021-12-31 | CA$16.16 Billion ≈ $11.69 Billion |
+17.73% |
| 2020-12-31 | CA$13.73 Billion ≈ $9.93 Billion |
+18.20% |
| 2019-12-31 | CA$11.61 Billion ≈ $8.40 Billion |
+8.20% |
| 2018-12-31 | CA$10.73 Billion ≈ $7.76 Billion |
+5.41% |
| 2017-12-31 | CA$10.18 Billion ≈ $7.37 Billion |
+8.81% |
| 2016-12-31 | CA$9.36 Billion ≈ $6.77 Billion |
+22.47% |
| 2015-12-31 | CA$7.64 Billion ≈ $5.53 Billion |
+12.23% |
| 2014-12-31 | CA$6.81 Billion ≈ $4.92 Billion |
+40.24% |
| 2013-12-31 | CA$4.85 Billion ≈ $3.51 Billion |
+31.82% |
| 2012-12-31 | CA$3.68 Billion ≈ $2.66 Billion |
+33.04% |
| 2011-12-31 | CA$2.77 Billion ≈ $2.00 Billion |
+54.93% |
| 2010-12-31 | CA$1.79 Billion ≈ $1.29 Billion |
+77.99% |
| 2009-12-31 | CA$1.00 Billion ≈ $726.19 Million |
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About Tourmaline Oil Corp.
Tourmaline Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canad… Read more